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Joined: 05/21/2003
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HOKIERIT
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Hope it isn't all he has to retire on...Great to augment though.

Posted: 05/14/2023 at 11:18 AM ET
(In response to this post by Coach McGuirk)

Thread Replies (22)

Full Thread →
Guy I work(ed?) with hit a million dollar scratch off
Coach McGuirk • 05/14/23 07:38 AM ET
Hope it isn't all he has to retire on...Great to augment though.** ◄
HOKIERIT • 05/14/23 11:18 AM ET
After taxes, can he really retire?**
FfxStationHokie • 05/14/23 07:56 AM ET
you would be amazed what people live on outside the US
MrBayAreaHokie • 05/14/23 04:11 PM ET
It depends on how he wants to live
EDGEMAN • 05/14/23 10:07 AM ET
Have multiples of that but still don't feel comfortable :/
FfxStationHokie • 05/14/23 11:20 AM ET
Also depends on what he'd put away before hitting the lottery.
Hokie CPA • 05/14/23 10:41 AM ET
^^This...spoken like a true CPA^^**
HOKIERIT • 05/14/23 11:19 AM ET
He was a banquet captain, and not all that happy about it, haha. So...
Coach McGuirk • 05/14/23 08:01 AM ET
If memory serves Florida has no State income tax...does the State tax the
Tuckahokie • 05/14/23 07:50 AM ET
Don't know that one, but I doubt it. He took the one time $820,000 which
Coach McGuirk • 05/14/23 07:55 AM ET
THATY makes a big difference!!! Good for him.**
HOKIERIT • 05/14/23 11:20 AM ET
He will end up with about $500K**
HokieForever • 05/14/23 08:54 AM ET
Would it be that much?
Fatman • 05/14/23 09:34 AM ET
He won 1 million, but took the lump sum which was 820K
HokieForever • 05/14/23 04:32 PM ET
Surprised the IRS didn't take a chunk "up front"**
EDGEMAN • 05/14/23 07:57 AM ET
well they will in a sense, right? He'll need to start making payments to
`lag • 05/14/23 01:43 PM ET
Generally they take a chunk before the winner gets the payout. That way...
EDGEMAN • 05/14/23 04:24 PM ET
OK, so I'm texting away here with a co-worker. Apparently he bought
Coach McGuirk • 05/14/23 07:47 AM ET
So how do you convince yourself to buy one more than four just in case?**
AZHokie59 • 05/14/23 03:12 PM ET
A $50 lottery ticket? I was POed when they started charging $2 for...
EDGEMAN • 05/14/23 07:43 AM ET
Yeah, that was hard to figure. "Who plays a $50 scratch off??" was my
Coach McGuirk • 05/14/23 07:49 AM ET
Odds of winning are 1 in 4.5, so I guess you have a decent enough shot...
MP4VT2004 • 05/14/23 09:26 AM ET